Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
Typically, companies in the same sector tend to trade together. But in the home furnishings world, nothing could be further from the truth. Shares of RH (RH) - Get Report , formerly known as Restoration Hardware, have rocketed 145% in 2017, while rival Ethan Allen (ETH) - Get Report have fallen 15%.
Cramer said that RH has always been a more wild trade, and shares plunged 60% in 2016 before their meteoric rise this year. But even this year, the company pre-announced better-than-expected results in February, only to cut forecasts in June. The company has also been aggressively shrinking its share count, from 53 million shares to just 33 million.
Ethan Allen, by comparison, started the year strong, with a 5.4% increase in same-store sales, only to follow up with a 5.4% decline in the second quarter and an 8.2% decline in the third.
Do either of these turnaround stories have staying power? Cramer said he's staying on the sidelines for now, as both names are simply too volatile to gauge.
On Real Money, Cramer says watch out: He doesn't know what will stem this decline in Home Depot (HD) - Get Report . Get his insights with a free trial subscription to Real Money.
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At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.